Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.
Did your think it going to happen again? Share consolidate from 10:1 Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target.... "The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"
Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe?
how come just a normal sms co, want to become medical centrL ka, ajar main exercise ka ? aiya.. need so much add in 12 employees? test-kit management need 5-6 employees?
Please see the information properly 7 cents as reference price before consolidate.Shares issues is (up to or max) RI means can be lower.The 10 cents use after consolidate is example.Keep or sell is all ur choice.Please see the information properly.
Succes74 Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.
Did your think it going to happen again? Share consolidate from 10:1 Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target.... "The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"
Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe? 07/02/2021 1:32 P
mTouche: Plans diversification into healthcare. mTouche Technology has proposed a diversification into the healthcare business. The diversification entails the sales and distribution of the Covid-19 test kits and the establishment of a one-stop health and wellness studio supported by a digital healthcare platform which will be developed by the group. With regards to the test kit business, mTouche has entered into a supply agreement with Network Global Solutions Pty Ltd to secure the test kits. It expects to obtain the related permit licenses and approvals by the 2H21. (SunBiz)
Okay. i'm a newbie here. Traped some @6.5. sen. After consolidation news, I made a decision. To keep and top up some today @4.5 sen. Going to take risks.
The management of Mtouche are not capable enough to closed the test-kit deal! They have been talking about this for the past couple of months and still can't get a decent sales deal even with Covid-19 cases increasing. Aren't they cash rich? Remember somebody posting that they have a lot of cash in surplus..Might make some money on the short term trading, would be a long wait for it to bear fruit on the health scene.
another way to ask for more money fr retailers.... ------------------------------------------ Sometimes the company do it for good, sometimes will give nothing good for the company. It depends on the management of the company.
@Investsmart4. Possible, but in theory the price after consolidation will be higher, at least in short term. Its sometimes trading higher than the price set by the theory and its also can be lower. Its also can be lower than the price before consolidation in long run, if the company still does'nt perform after conso.....
As at today I think operator had enough 4.5sen to throw back at buyer tomorrow.. No operator will sell at 4sen as today coz they don't have 4 sen stock.. No operator want to loose money. If t operator manage to get enough 4sen tomorrow..they will put it as pressure to buyer 4sen... And so on going until noting left..
So.. Stop selling to operator as they will used it to pressure bit by bit... Retailers decide.. I think neither if us or t operator manage to buy 4sen since past 10years..
Is easy to push from 0.045 to 0.10 cents.... Is not easy to push from 0.45 to 1.00.....kena kantol..... The company keep dilute the share by issue number of ESOS..... Betul betul kena kantol
Hrenry79. Is not easy to push from 0.45 to 1.00 --------------------------------------- Its not easy, but its a possibility. Please study Vivocom's consolidation exercise....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Succes74
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Posted by Succes74 > 2021-02-07 13:32 | Report Abuse
Mtouche before share consolidated from 2:1 on March 2017 (share price from last trading 0.10 to 0.20 after consolidated) it upward to 0.68 (up 3.4 times) then drop back to ~0.2x before RI ex-date on Sept 2017.
Did your think it going to happen again? Share consolidate from 10:1
Assume last trading date 0.07 (0.70 after consolidated), 0.70 x 3.4 times = 2.38. Just for discussion only.... as we dont't know operator next action plan & target....
"The basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the Entitled Shareholders at an issue price to be determined by the Board at a later date"
Just a question free warrants D for existing consolidated share by entitled shareholders only or you bought the share after consolidated stil entitle to get the free warrants D after subscribe?